Insurance-industry lawyers are calling a global-warming lawsuit based on nuisance laws “the most significant case for the property and casualty insurance industry before the U.S. Supreme Court this term.”
Oral arguments in the case, American Electric Power v. Connecticut, No. 10-174, were heard April 19 before the court.
Ann Spragins, senior vice president, secretary and general counsel for the Property Casualty Insurers Association of America (PCI), says the case “is vitally important for [P&C] insurers as it could help determine the scope and direction of climate-change regulation and liability issues.”
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